TSX-V: MJS $0.055   0.000 FSE: MJT $0.035   0.000

Company

Company Overview

Majestic Gold Corp. is a gold producer in Shandong Province, China. The Company’s Songjiagou Gold Mine went into commercial production in 2011 and consists of an open pit and underground mine. The company most recently produced over 34,000 ounces in 2020, with cash costs averaging $588 per ounce and all-in sustaining costs averaging $716 per ounce. The Company’s goal is to continue increasing production by furthering improvements of its grade control and increasing the ore throughput at the mill under its May 2020 expanded mining license.


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